The residential plug-in

It’s called The Manhattan, a 27-story condominium tower that developers think foreshadows residential development in the Central Perimeter area in coming years. Southeast Capital Partners Inc. is building the 222-unit high-rise as part of Perimeter Place, the massive mixed-use project by The Sembler Co. across from Perimeter Mall… With two mixed-use projects in the works, The Griffin Co. is bullish on the Central Perimeter. “It’s always been a great office market but underserved residentially compared to everywhere else,” said Senior Vice President Kirk Demetrops. “People want to live close to where they work. Mixed-use is a way to underwrite these projects because you can deliver some parts now and wait on others…” Originally Published in the Atlanta Business Chronicle. Read More...

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Griffin Co. to turn office complex into condos

Cosmopolitan North has become the latest project to follow the office-turned-residential trend in the Central Perimeter. Local developer The Griffin Co. plans to transform a 138,000-square-foot office complex on Barfield Road into mixed-use with 280 condominium units… Originally Published in the Atlanta Business Chronicle. Read More Here

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Wayne Mason shuttering Gwinnett Partners

Wayne Mason and Marty Kennedy are splitting up and going their separate ways. By all accounts, it’s an amicable separation but one that will shutter Gwinnett Partners LLC after eight years… Buckhead Boutique The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant… Originally Published in the Atlanta Business Chronicle. Read More...

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Buckhead Boutique

The Griffin Co. has begun development of 50 Old Ivy in Buckhead. The group is seizing the momentum from its final office condominium sale at the adjacent 34/38 Old Ivy development next to Hal’s restaurant Located at the intersection of Habersham and Old Ivy roads, 50 Old Ivy is an 11,600-square-foot, two-story office condominium. Griffin expects to complete the project in February. Griffin has secured a buyer for 50 Old Ivy’s first floor, and expects to secure a buyer for the second floor prior to completion, said Griffin Co. Senior Vice President Kirk Demetrops.. Originally Published in the Atlanta Business Chronicle. Read More...

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On the trail of a trend…

“New Urbanism,” the development concept for real estate planning and design that combines homes, coffee shops and dental offices within easy walking distance of one another, has sowed its seeds all over metro Atlanta… …Atlanta is a young market when it comes to mixed-use, said Kirk Demetrops, senior vice president of The Griffin Co. The vast majority of Atlanta’s developers only three or four years ago were single-use builders, Demetrops said. Their experience was limited to either retail, commercial office or residential development, but not all three… Originally Published in the Atlanta Business Chronicle. Read More...

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Atlantic Station must balance formidable size

While living in Manhattan, 30-year-old Amy Renfrow enjoyed getting along without a car. Soon, the marketing professional, who now works out of a two-bedroom townhouse on 16th Street in Midtown when not mothering her baby, once again will be able to walk to restaurants, the grocery, movie theaters and more at Atlantic Station…. “Even if you don’t live there, it still will be fun to go there and shop,” said Kirk Demetrops, senior vice president of The Griffin Co.  Demetrops projected that with more than 1 million more people expected to move here in the next decade and Atlanta’s current commuting times likely to increase, mixed-use probably will begin replacing strip malls… Originally Published in the Atlanta Business Chronicle. Read More...

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